MUSCAT – In line with the bank’s commitment to further strengthen its relationship and support to partners, Bank Muscat, the leading financial provider in the Sultanate, recently hosted special event to celebrate the achievements of the new and used vehicle dealers in automobile sector. The event was attended by Ahmed Faqir Al Bulushi, Chief Banking Officer, Bank Muscat, and a number of representatives from auto dealerships from across Oman. This event is part of the bank’s constant initiatives targeted at enhancing partnership and cooperation with customers and partners and share ideas and feedback in line with its vision “To serve you better, everyday”.
Speaking on the occasion, Saleh Mohammed Al Maaini, Deputy General Manager – Capital Regions, Bank Muscat, said: “We are delighted to host our valued partners today as we constantly endeavor to celebrate this partnership and cooperation. Our partners play a huge role in helping the bank to provide the best offers, services and facilities for its valued customers and give them the chance to own their dream cars. This success in the field would not have been possible without the cooperation, trust and partnership between the bank and all car companies, agencies and galleries in various governorates.”
Saleh Al Maaini further elaborated saying: “Throughout four decades, the bank was keen to develop banking services and facilities for individuals and improving the quality of the various products offered to enhance financial inclusion and offer a wide range of options to meet customers’ needs and aspirations. We are proud of the success we have achieved in this field, and we are pleased with the positive feedback and trust in the bank’s services and products. The bank is keen to further continue to provide its valued customers the best services possible.”
During her opening speech, Radhiya Hassan Al Lawatiya, Head of Sales, Bank Muscat, said: “We are pleased to gather today in this event which is organized to further enhance communication with our valued partners. Bank Muscat is committed towards maintaining a strong relationship with car companies, agencies and galleries across the Sultanate in order to develop services, facilities and offers to meet the current and future needs of customers. Working towards achieving this goal, the bank launched in 2003 Sayyarati financing product to help customers own their dream cars and benefit from the different facilities and easy procedures this product provides. Customers can obtain all of these services by visiting any Bank Muscat’s branch or one of Sayyarati centers in Al Wattayah in Muscat Governorate and Salalah in Dhofar Governorate. We appreciate this partnership and confidence in the services and facilities the bank offers which aim to contribute in the development of the automotive sector in the country.”
Radhiya Al Lawatiya, added: “The pandemic affected economies around the world and thus affected various sectors and markets, including automobile sector. However, with the expected improvement of the economy, the markets will further continue to recover. According to the statistics issued by the National Center for Statistics and Information, the total number of vehicles in the Sultanate of Oman, by the end of October 2022, reached 1, 593, and 897 vehicles, and this confirms that these numbers are increasing compared to previous years, for both new and used cars. The lending portfolio in car sales is also witnessing growth compared to last year, which can be seen as a result of all efforts contributing to the stability of the sector. We are happy to continue organizing such events in the future and working towards providing different benefits and offers tailored according to each customer’s unique needs.”